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UNITED AIRLINES COULD PERISH NEXT YEAR WITHOUT REDUCING COSTS

CHICAGO, James Goodwin, United Airlines' chief executive, said the carrier would go bankrupt next year without a reduction in costs. United has announced plans to lay off 20,000 workers and reduce its schedule by more than 20 percent as it tries to cope with the downturn.

AVIONEWS - World Aeronautical Press Agency - 18762
Rome, Italy, 10/17/2001 10:15
AVIONEWS - World Aeronautical Press Agency

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